I read almost the same - both brands cant survive in one company so MVR will go as far as the name is but MVR app will get inside Napster - Napster is a huge brand so shall it survive.
I will give a very appropriate British example
This is 2006 or 2007.
Boots was sold as a loss making company to Alliance Healthcare
Alliance HealthCare actually did RTO of Boots - Boots was taken off LSE -
You wouldnt believe that Boots was not turning profit to people's estimates - much like Napster -
Even though Alliance bought it - the new chain which became very large was called Boots.
Because Boots the chemist is far bigger name.
But within a year a US based PE bought entire new Alliance Boots group after all synergies restructuring and PE getting their money back - Boots is now Boots Wallgreen.
Top UK with Top US chemist chain.
Thanks to PE
did private investors made as much money as II ? NO - of course not
did private investors made money ? yes loads
cheer up !
start a new thread
post your own answers to your questions first
then expect others to join you
name change no to your shares
shares belong to Group (MVR Group)
MVR App is not the trading company
MVR app is a sub of MVR Group
Napster will be merged with MVR App as a subsidiary
Theatre etc will sit under MVR Group
etc bit is for explanation, there are no etc at this moment
Merging 2 businesses will create massive savings - obviously not straight away.
but as I said yesterday Capex and Opex needs to be decimated except for running tech cost,
2 offices etc are useless
move entire company to US
then see its growth.
UK is dead beat for tech - lets be honest our trains dont work and whole counties and local authorities are on verge of going bankrupt
Rumfuddle
What concerns me is the overly optimistic theme of this board that may influence new inexperienced (especially to AIM) investors into thinking that MVR is the get rich scheme of their dreams.
People are not professionals or trained these websites
Anyone overly optimistic or overly passimistic should be ignored
but that's hardly an issue because everyone should have their own exit strategy
that's where we had friction because you said it could go bust - thats absolute extreme - and absolute extremes cannot be mitigated
I could die this afternoon from heart attack - you cant avoid that risk.
Other than that your trade seems fine to me, you should cheer up a little.
Rumfuddle - lets clear some air
Once again I dont mean any personal disrespect to you at all.
Secondly II forum -
I sold LLOY at 69p and posted my actual trade. dont think it went any higher.
I then told people to actually dump LLOY at 60, I stated it wont survive the shock.
I started gold + silver back in 2018 with 400+pip SB trades are public
I told Pandora deal before it came out and told everyone I bought it
I did say I bought EVRH which you took note.
They are still public.
When its time to sell EVRH - I will make it public too.
I dont see where is the pump or hype or dump ?
I always give Price Range if at all I recommend, never a clear SP.
I have been thrown out of 2 MVR chat groups because they didnt like when I predicted that MVR will settle at 5p (live on Twitter) - which it did - while it doing 9p after first Wireless.
If you can show me one example where I have either stated a specific SP instead of SP Range when recommending - then £50 is your !
And finally I use my own money and put my money where my mouth is - bought 8K for personal fund, will have more by Friday for a joint fund.
Hope this clears things up
Summer/Covid activity - unlikey - but would love to see it
LG - likely by tomorrow - cant wait
XMAS / NYE Plan - not when sure but we better have it !
is this a new one or just previously announced deal now confirmed ?
Rumfuddle
so you are influenced by others for your financial situation.
you are novice, at least to me.
dont mean any disrespect - I respect you personally as much as I respect myself but I wont read or value your financial views.
just being a professional.
good bye and good luck.
investors lol
really most dont know the basic
rest are scared by dilution
Rumfuddle
good then you lost everything you bought too high - if you want my sympathy you have it - if that changes your fortune you can have more, good day and good bye !
MrH_m
amongst top 3 biggest personal and health risk to people in western developed world is
Roads + Cars + Driving
when was the last time you heard some buying a car without accepting there could be an accident ?
this is the level of juvenile puerile you get in any group or forum online
while any sensible person gets insurance to mitigate risks of car driving or being on road - these people just complain
so now everyone will complain about dilution when I told everyone that dilution will come 2 years ago i think
anyway i got another 4k to buy today
yes or goes bust
are you a novice or a prepubescent teenager ?
every business and everything can go bust at anytime
been invested for 3 years ?
you could have learnt some basics in 3 years
i honestly cant stand people who get involved in financial markets then start complaining on a forum as if anyone gives a toss to their individual financial decisions -
so now everyones supposed to hug everyone -
caveat emptor !
Rumfuddle you might be in the wrong industry - this is Tech and that's how tech works, until it turns mega big, make profit or is bought out.
£4K bought !
14.29% spread will put off all day traders, that's good for me
while am not happy but no am not surprised,
its market !
i have my fingers on trigger - you will see a £8K purchase going on later :D
might do 2x£4000
Napster brings customers and subscribers - and loads of them.
You can forget arguing what its real price ought to be because that will never happen.
Focus should be on business not on accounting books
More and More and More big artists
More and More and More regularly !
backend will take care of itself
it all depends on the next RNS with figures from LG and other activities during lock down
yep MVR has to go in favour of Napster - that's a no brainer